Loss Limits: Cap how much you can lose
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A loss limit caps how much you can lose over a period you choose, counted as money spent minus winnings. Ontario operators must offer it at registration and at any time after, and raising it needs a cooling-off period of at least 24 hours.
Loss limits cap the net amount you can lose over a period. In Ontario, loss is measured as the amount you spent minus your winnings, so it tracks your real net result instead of the total you wagered.
How loss limits work
You choose how much net loss you accept over 24 hours, 7 days or one month, and the platform enforces the limit, so you cannot keep playing past it until the period resets. Winnings are subtracted from what you spent, which means a good run gives you more room and a bad run closes the door sooner. Raising or removing a limit takes effect only after a cooling-off period of at least 24 hours.
Why it matters
Chasing losses is one of the fastest ways to overspend. A loss limit sets the stopping point before emotions get involved, at a moment when you can think clearly. It does not stop you from enjoying a session, but it turns “just one more bet” into a decision you already made.
How to pick the amount
Pick an amount that you would not miss. If a typical session costs you C$30, a weekly cap far above that is not doing much work, while a cap close to it will stop a bad streak early. Review the number after a few weeks and lower it if you find yourself hitting it often.
Loss limits and deposit limits together
The two tools measure different things. A deposit limit caps the money you add, while a loss limit caps what you actually lose, so using both gives you a ceiling on funding and a ceiling on results.